Responsible Money Choices | Making Plans with Money | Earning Money | Thinking About Savings |
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100B. False
True or False? Just like on Planet Zeee, we don’t need to think about what we spend because money grows on trees.
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100A. By helping her keep track of what she earns, saves, and spends
How does Emma’s budget help her make the most out of the money she earns?
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100B. False
True or False? I’m too young to earn money.
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100D. All of these things!
It is important to start saving at an early age so that you can ______.
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200B. Because needs are essential for day-to-day life and wants are things that are just nice to have.
Why is it important to spend money on things that you need before spending money on things that you want?
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200B. False
True or False: Only adults can use budgets.
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200D. All of these things!
What are some ways that Jack, Emma, and James from Planet Earth earn money?
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200B. Her first set of wheels
Emma from Planet Earth says that every time she earns money, she puts some into one jar for spending, another jar for savings, and another jar to give to the animal shelter. What is Emma saving up for?
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300A. A saddle for her unicorn
What did Zara want in the story?
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300A. In a bank
Where does Jack tell the Zeees that people of Planet Earth keep their money safe?
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300A. She starts making unicorn saddles.
What does Zara do to earn money when she returns to Planet Zeee?
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300D. All of these things!
What are some large purchases that you may want to make when you are older that you will need to save money for?
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400D. Budget (This is a plan for spending or saving money that is made up of income and expenses.)
What new word did Emma teach the Zeees when sharing how her family manages their money?
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400C. Give it to a charity, like an animal shelter.
Like Emma, what can you do with the money you have left over after you’ve planned out your spending and saving?
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400A. Interest (This is the additional amount you are charged for borrowing money. It can also be the amount you earn for having your money in a bank.)
James from Planet Earth says that when you put money into a savings account, the bank pays you. What is that called?
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400A. The bank will pay you to keep your money there in the form of interest.
Why is a bank the best place to save your money?
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